Global $4.25 Bn Anti-Jamming (Military and Government/Commercial Transportation) Markets, Analysis & Forecasts, 2016-2021, 2021-2026F, 2031F
DUBLIN, Nov. 23, 2022 /PRNewswire/ -- The "Anti-Jamming Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
The global anti-jamming market is expected to grow from $3.88 billion in 2021 to $4.24 billion in 2022 at a compound annual growth rate (CAGR) of 9.27%. The anti-jamming market is expected to grow to $6.40 billion in 2026 at a compound annual growth rate (CAGR) of 10.83%.
The different technologies used in anti-jamming systems include nulling, beam steering, and civilian techniques. These systems are widely used in flight control, surveillance & reconnaissance, position, navigation & timing, targeting, casualty evacuation, and other are applications
Increasing allotment of higher military & defense budgets by most governments are the significant factor driving the growth of the anti-jamming market. The governments of different countries are allotting more money to the military and defense to enhance the nation's security and establish technically advanced military bases with innovative machinery and defense systems.
This higher allocation of defense budgets is expected to boost demand for anti-jamming products, as it is one of the significant ways to enhance the nation's security in sensitive environments. In the United States, defense spending makes up $754 billion of the $7.2 trillion annual budget for 2022, which is approximately 10.5% of the US budget.
Similarly, in India, for the 2022-2023 budget, the government increased the Ministry of Defense's (MoD) budget allocations by 9.8% to approximately $70.6 billion (INR 5.25 trillion). These increasing military and defense budgets are expected to increase demand for anti-jamming products during the forecast period.
Major players in the anti-jamming market are
Key Topics Covered:
1. Executive Summary
6.2. Global Anti-Jamming Market, Segmentation By Technique, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
6.3. Global Anti-Jamming Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7. Anti-Jamming Market Regional And Country Analysis
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